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Indian government’s budget dilemma – curb the sale of cigarettes or let the over $12 billion tobacco industry provide the much needed cash
Indian government’s budget dilemma – curb the sale of cigarettes or let the over $12 billion tobacco industry provide the much needed cash
Sanchita DashJan 19, 2021, 10:09 IST
BCCL
The Indian government has proposed several changes to the Cigarettes and Other Tobacco Products (Prohibition of Advertisement and Regulation of Trade and Commerce, Production, Supply and Distribution) Act, 2003.
The changes are proposed to promote healthy living as almost 267 million Indians today consume tobacco in one form or the other.
However, the changes are set to hit India’s tobacco industry and pose a dilemma for some of its biggest tobacco companies like ITC and Godfrey Phillips. ....

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